EDGE Markets
EDGE Markets builds banking infrastructure for gaming and prediction markets, offering a consumer debit card (EDGE Boost), a B2B private payment rail (EDGE Connect), and an institutional banking platform (EDGE Pro). It serves individual bettors, regulated gaming operators, and CFTC-regulated prediction market exchanges.
- Company typePrivate
- Founded2020
- HeadquartersWilmington, United States
- Headcount1–10
- GTM typeB2B and B2C
- OfferingSoftware
What EDGE Markets does
EDGE Markets, Inc. is a Wilmington, Delaware-incorporated fintech founded in 2020 that builds purpose-built banking and payment infrastructure for regulated gaming, prediction-market, and crypto trading ecosystems. The company operates a single-engine, three-interface architecture: EDGE Boost is a consumer Visa debit card and FDIC-insured deposit account (held at Cross River Bank, with up to $250K standard and up to $10M via IntraFi Network Deposits) launched in March 2025; EDGE Connect is a B2B private closed-loop payment rail for regulated operators that charges fees only on Net New Deposits over a 24–48 hour window, eliminates chargebacks, and supports 24/7/365 real-time payments up to $1M per user per day; EDGE Pro is an institutional banking platform for market makers on CFTC-regulated prediction markets, pending Introducing Broker and Futures Commission Merchant registrations with the NFA. EDGE Boost has processed over $2 billion in transactions across approximately 9,000+ users in all 50 U.S. states and is the preferred payment method at the World Series of Poker and embedded into Choctaw Casinos & Resorts cages and kiosks.
Revenue is generated primarily through interchange on EDGE Boost debit-card transactions and B2B transaction fees on EDGE Connect, partially offset by a 0.50% cashback rebate on qualified gambling deposits and a $25 new-customer deposit match bonus; EDGE Connect and EDGE Pro are offered free to early adopters in 2026 as a land-and-expand strategy. Back-testing with operators indicates a 70%+ reduction in payment-processing fees relative to legacy consumer card rails, with EDGE Connect fees starting at 50 basis points on Net New Deposits. Customer segments span individual sports bettors, casino and poker players, prediction-market traders, regulated gaming operators, and institutional market makers.
The company has raised approximately $46.4 million across a $17.2M seed (March 2025), a $7.8M Form D securities offering (March 2026), and a $29.2M Series A (June 2026, led by CoinFund with Indicator Ventures, Mantis VC, StepStone Group, and Bullpen Capital). The leadership team is founder-led (Seni Thomas, CEO) and includes executives drawn from SoFi, Athena Bitcoin Global, Chicago Mercantile Exchange, Match Group, Flo Health, FanDuel, DraftKings, PokerGO, and WWE. EDGE Markets is one of only two financial institutions holding ally membership in the American Gaming Association and maintains partnerships with Birches Health, Defy the Odds, ZeroHash, Visa, PayPal, Gemini, and Robinhood.
EDGE Markets firmographics
Firmographics- Name
- EDGE Markets
- Legal name
- EDGE Markets, Inc.
- Website
- https://edgemarkets.io
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- EDGE Markets builds banking infrastructure for gaming and prediction markets, offering a consumer debit card (EDGE Boost), a B2B private payment rail (EDGE Connect), and an institutional banking platform (EDGE Pro). It serves individual bettors, regulated gaming operators, and CFTC-regulated prediction market exchanges.
- Ownership category
- akta.pro rank
EDGE Markets industry classification
Industry- Product category
- Gaming Financial Infrastructure
- NAICS
- Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Brokerages & On/Off-Ramps (fiat rails, instant buy/sell) (FSAPADAG)
- akta.pro secondary industry
- Lead Generation, Comparison & Marketplace Platforms (Financial Products) (FSAEAMAM)
Keywords
Where EDGE Markets is headquartered
LocationHeadquarters
- HQ city
- Wilmington
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
EDGE Markets business model
Business model- GTM type
- B2B and B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure
Revenue model
- EDGE Connect Transaction Fees: Usage-based transaction fees on EDGE Connect's private payment rail — charged only on Net New Deposits over a 24–48 hour window, at as low as 50bps in processing fees for Net New Deposits. Replaces traditional card-based pricing and eliminates chargeback and churn cost exposure for operators.
- EDGE Boost Debit Card Interchange & Cashback Economics: Revenue from the EDGE Boost Visa debit program (issued by Cross River Bank, Member FDIC), including interchange on gambling-related spending, funded deposits, and the optionality of 0.50% cash back on qualified gambling deposits — partially offset by a $25 new-customer deposit match bonus. Card program has processed over $2 billion in transactions since launch.
- EDGE Pro Institutional Banking Services: Future revenue from institutional banking services for market makers on CFTC-regulated prediction markets (multi-liquidity pool post-execution settlement, margin, and prime brokerage plug-and-play), enabled by Introducing Broker and Futures Commission Merchant registrations with the National Futures Association. Provided at no cost to early users and operators in 2026 as a land-and-expand strategy.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Pay-as-you-go | EDGE Boost consumer debit card — sign-up bonus, cashback, and daily limits |
| Transaction based/ take rate | Pay-as-you-go | EDGE Connect operator pricing — Net New Deposits model |
| Other | Pay-as-you-go | EDGE Pro institutional banking — free for early users in 2026 |
Go-to-market motion5 records
Distribution channels5 records
Marketing channels7 records
EDGE Markets product offering
Product offeringCore offering
EDGE Markets provides a unified financial infrastructure platform purpose-built from the ground up for gaming, betting, crypto, and prediction markets. The company operates a single core banking engine with three product interfaces: EDGE Boost, a consumer Visa debit card with FDIC-insured deposit accounts for individual sports bettors and gamers; EDGE Connect, a B2B private closed-loop payment rail for regulated gaming and prediction-market operators that charges fees only on Net New Deposits and eliminates chargebacks; and EDGE Pro, an institutional banking platform for market makers trading on CFTC-regulated prediction markets.
Product overview
EDGE Markets is a single fintech platform-plus-modules architecture delivering the financial backbone for prediction, gaming, and crypto trading markets, organized around one core technology engine with three product interfaces. The consumer-facing module EDGE Boost is a responsible-gaming Visa debit card and FDIC-insured deposit account (via Cross River Bank) that has processed over $2 billion in transactions since its March 2025 launch. EDGE Connect is the B2B payment-rail module — a private, closed-loop settlement layer for regulated operators that charges only on Net New Deposits and supports 24/7 RTP pushes. EDGE Pro is the B2B institutional banking module for market makers on CFTC-regulated prediction markets, offering real-time cross-pool settlement and margin. The three products share the same core platform: EDGE Connect is described as the private settlement and payments layer that powers EDGE Markets, and all three flow through EDGE Boost deposit accounts as the verified source of funds.
Differentiator
Problem solved
Functional benefit
Brands
- EDGE Boost: Visa debit card program and responsible gaming financial platform, the company's original product; FDIC-insured deposit account held at Cross River Bank, Member FDIC.
- EDGE Pro
- EDGE Connect
Products and services
- EDGE Boost Consumer-facing Visa debit card and FDIC-insured deposit account (issued by Cross River Bank, Member FDIC) built exclusively for the betting and gaming community, with daily limits up to $1M. Includes embedded responsible gaming tools (social accountability co-pilot, spending limits, cashback-plus-RG opt-in at 97% adoption), 0.50% cash back on qualified gambling deposits, a $25 new-customer deposit match bonus, and crypto-to-USD funding via ZeroHash integration. Has processed over $2 billion in transactions since launch across all 50 U.S. states.
- EDGE Connect Private settlement and payments layer purpose-built for regulated gaming and prediction-market operators, replacing consumer card rails with a closed-loop network. Charges fees only on Net New Deposits over a 24-48 hour window (as low as 50bps in processing fees), eliminates chargebacks and 24-48 hour churn costs, supports 24/7/365 RTP push payments with up to $1M per user per day, and includes the EDGE Link SDK plus an operator-facing BI dashboard for daily spending insights and net settlement reporting. Back-testing with major operators showed 70%+ reduction in payment processing costs and 50-70% reduction in total deposit costs. Provided free for early operators in 2026.
- EDGE Pro High-throughput banking platform for institutional market makers and professional trading firms active on CFTC-regulated prediction market exchanges. Enables real-time deposits, multi-liquidity-pool post-execution settlement, and margin support from third-party prime brokerages (plug-and-play). Target users are segmented by monthly trading volume tiers of $1-5M, $5-10M, $10-25M, $25-100M, and $100M+. Provided at no cost to early market makers in 2026 as a land-and-expand strategy, pending NFA registrations.
Quantifiable outcome
- 70%+ reduction in payment processing fees for operators (50–70% reduction in total deposit costs)
- +6 more outcomes
Companies that use EDGE Markets
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
EDGE Markets technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration9 records
Feature9 records
EDGE Markets partnerships and signals
Strategic signalScale indicators13 records
Recent moves6 records
Expansion highlights7 records
EDGE Markets competitors and assessment
Company assessmentDirect peers
- Sightline Payments: Sightline Payments provides cashless gaming payment solutions — including debit/Play+ cards and mobile wallet rails — to casinos, sportsbooks, and tribal gaming operators across the U.S. It is the closest direct competitor to EDGE Connect and EDGE Boost in cashless casino gaming payments.
- Trustly: Trustly offers online banking payment solutions — including instant deposits/withdrawals — to online gaming, sports betting, and iGaming operators across Europe and the U.S. It directly overlaps with EDGE Connect's operator-side payment rail thesis for the betting ecosystem.
- Nuvei: Nuvei is a global payment processing platform with a strong vertical focus on online gaming, sports betting, iGaming, and other regulated digital commerce. Its operator-side acquiring and alternative payment method offerings compete directly with EDGE Connect's private payment rail.
- Paysafe: Paysafe provides payment solutions — including eCash (paysafecard), Skrill digital wallets, and card processing — for online gaming, sports betting, and iGaming operators and consumers. Its combined consumer wallet + operator processing model closely mirrors EDGE Markets' consumer + operator dual product approach.
- AstroPay: AstroPay provides prepaid cards, digital wallets, and payment processing solutions focused on online gaming, sports betting, and emerging markets. It competes directly with EDGE Boost on the consumer side and EDGE Connect on the operator side in cross-border gaming payments.
- MuchBetter: MuchBetter is an e-wallet and payment solutions provider purpose-built for online gaming operators and consumers, offering instant deposits/withdrawals and operator dashboards. Its gaming-only focus and operator + consumer dual model are highly comparable to EDGE Markets' positioning.
Others
- ZeroHash: ZeroHash is the crypto-as-a-service infrastructure partner that powers EDGE Markets' compliant crypto-to-USD conversion for EDGE Boost accounts across all 50 U.S. states. It is an enabling infrastructure provider rather than a direct competitor, with adjacent crypto-banking rails.
- Cross River Bank: Cross River Bank is the FDIC-member banking partner that holds EDGE Boost deposit accounts and issues the Visa debit card. It is a critical enabling partner and a broader fintech-banking-as-a-service provider serving many similar fintechs (Affirm, Stripe, etc.).
Broad incumbents
- Coinbase: Coinbase is a leading U.S. crypto exchange offering a Coinbase Card debit product funded by crypto balances. While its consumer-facing crypto debit card overlaps with EDGE Boost's crypto-funded features, Coinbase operates as a broad incumbent across the crypto ecosystem rather than a gaming/prediction-market specialist.
- PayPal: PayPal is a broad payment platform offering consumer debit/credit cards (including Venmo card) and merchant integrations across gaming and e-commerce. It serves overlapping use cases as a broad incumbent rather than a gaming/prediction-market specialist.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
EDGE Markets social profiles
Digital presenceEDGE Markets compliance and trust
Trust signalCompliance3 records
EDGE Markets financial estimates
Financial estimateRevenue estimate
Valuation estimate
EDGE Markets leadership team
Management profileNumber of profiles
Profiles1 record
EDGE Markets funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EDGE Markets M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EDGE Markets
What does EDGE Markets do?
EDGE Markets provides a unified financial infrastructure platform purpose-built from the ground up for gaming, betting, crypto, and prediction markets. The company operates a single core banking engine with three product interfaces: EDGE Boost, a consumer Visa debit card with FDIC-insured deposit accounts for individual sports bettors and gamers; EDGE Connect, a B2B private closed-loop payment rail for regulated gaming and prediction-market operators that charges fees only on Net New Deposits and eliminates chargebacks; and EDGE Pro, an institutional banking platform for market makers trading on CFTC-regulated prediction markets.
Is EDGE Markets a public or private company?
EDGE Markets is a private company. It is classified as venture growth investor backed and is currently operating.
When was EDGE Markets founded?
EDGE Markets was founded in 2020. It employs 1 to 10 people.
Where is EDGE Markets based?
EDGE Markets is headquartered in Wilmington, United States, in the North America region.
How does EDGE Markets make money?
Three revenue lines are on record. EDGE Connect Transaction Fees are the primary driver. The others are EDGE Boost Debit Card Interchange & Cashback Economics and EDGE Pro Institutional Banking Services.
Who are EDGE Markets's main competitors?
Direct peers on record are Sightline Payments, Trustly, Nuvei, Paysafe, AstroPay and MuchBetter. Others are ZeroHash and Cross River Bank. Broad incumbents are Coinbase and PayPal.
Does EDGE Markets have an API?
No public API is recorded for EDGE Markets.
What industry is EDGE Markets in?
EDGE Markets's product category is Gaming Financial Infrastructure. Its primary akta.pro industry code is FSAPADAG, Brokerages & On/Off-Ramps (fiat rails, instant buy/sell), with a secondary code of FSAEAMAM, Lead Generation, Comparison & Marketplace Platforms (Financial Products). Its NAICS code is 523 and its SIC code is 6199.